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Bank of America
Lake Oswego, Oregon, United States
(on-site)
Posted
15 hours ago
Bank of America
Lake Oswego, Oregon, United States
(on-site)
Job Function
Financial Services
Trade Finance Services Specialist II - Lake Oswego OR
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Trade Finance Services Specialist II - Lake Oswego OR
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Job Description:Enterprise Description: Performs a variety of technical and analytical functions related to trade financing and servicing. Responsibilities include researching, analyzing, and resolving trade documents that require specialized, sensitive, and/or exception handling; evaluating acceptances, issuances, amendments, and negotiations for import/export, standby and government letters of credit and bankers acceptances; reviewing, analyzing and negotiating letters of credit documents; issuing commercial and stand-by letters of credit, amendments, transfers and requests to pay; approving payments, collections and reimbursements. Works under established operating procedures and precedents. Requires a full working knowledge of trade finance operations and documentation. Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred.
Position located on-site in Portland, OR
Parking: Any applicable fees at employee's own expense.
Line of Business Description: The role is part of the Global Trade Operations group. The position will work under established operating procedures and precedents. Responsibilities include, but are not limited to:
- Performs a variety of technical and analytical functions related to trade financing and servicing
- Researches, analyzes, and resolves trade documents that require specialized, sensitive, and/or exception handling
- Evaluates issuances, amendments, and negotiations for export letter of credit payment requests
- Provides client servicing for both Export Letter of Credit clients
- Provides client servicing and operational support for extended processing teams/sites
- Prepares and reconciling daily and monthly reports; accurate capturing of production volumes.
- Works under established operating procedures and precedents.
Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred.
Qualifications
Required Skills and Experience
- Demonstrated excellent communications and workflow management skills
- Must have prior/current Client servicing experiencing
- General ability to use office applications such as Word, Excel , and PowerPoint
- Ability to work in a team environment as well as independently with little supervision
- Excellent communication skills (both verbal & written) and active listening skills
- Strong mathematic/accounting skills
Desired Skills and Experience
- Experience with letters of credit and familiarity with UCP 600 a plus.
- Knowledge of trade finance operations and documentation highly desired.
Additional Competencies and Behaviors:
- Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
- Excels in working among diverse viewpoints to determine the best path forward.
- Experience in connecting with a diverse set of clients to understand future business needs -is a continuous learner
- Commitment to challenging the status quo and promoting positive change.
- Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
- Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
Shift:
1st shift (United States of America)
Hours Per Week:
40
Job ID: 84580795
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